Mozambique gas discoveries could double
Following a number of huge natural gas discoveries off the coast of Mozambique, Tanzania and Kenya,
East Africa is experiencing a “gas rush” in which Mozambique is, potentially, the greatest
beneficiary. Mozambique is on the cusp of a long economic boom driven by the recent
discoveries of vast deposits of coal and natural gas which have stimulated economic growth rates to
7.5% during 2012, according to African Economic Outlook.
See pages 18 to 21 of magazine.
UK gas fracking: given government
The British government has just given the go-ahead, after an 18 month suspension, for the
resumption of exploration of unconventional gas by the energy company Cuadrilla, using the
fracking process. Energy and Climate Change Secretary Edward Davey gave the go-ahead, subject to
stringent new controls to mitigate possible seismic activity. http://gastopowerjournal.com/markets/item/1221-uk-gas-fracking-given-government-go-ahead
Exploring the future for shale
Shale gas has had a huge impact on the United States energy market. Nicholas Newman
explores the potential challenges and opportunities for pipeline companies in this developing
The arrival of shale gas in Europe raises both
opportunities as well as issues for European governments and energy companies operating in the
European Economic Area.
arrival of shale gas in Europe raises both opportunities as well as issues for European
governments and energy companies operating in the European Economic
Area. www.oxfordprospect.co. uk/Forecasting-the-future-of-UK-gas-supplies
future for Queensland's
CSG With Investment and expansion on
the rise, the future is looking up ...
These are the Australia Pacific LNG
Project, Gladstone Liquefied Natural gas ...
Australia’s vast land is a treasure house of
conventional gas and coal seam gas reserves, which is rapidly transforming the country into a
major world gas exporter The success of Australia’s gas sector is due in part to the relative
ease of access to enormous resources and a well-developed western type economy and legal
system that has encouraged foreign investment and competition. It is not surprising that many
of the world’s major energy companies, including Shell, BP, Total and Chevron, are making
long-term commitments in Australian gas,
tidal wave that overwhelmed the North East coast of Japan, hit the Japanese power sector hard. It
has resulted in substantial damage to the country’s electricity generation and distribution
networks, which has resulted in cities throughout the country experiencing rolling blackouts.
Indonesian gas production is set to grow from 72bcm in 2009
to a peak of 89bcm by 2012, before slipping back to 87bcm by 2019, reports Indonesia’s Ministry of
Energy and Mineral Resources
Despite Europe already being flooded with cheap gas
supplies, there are proposals from major LNG producers to increase gas deliveries to the EU.
It is very likely that wholesale gas prices will not return to pre recession prices for
sometime to come. http://www.oxfordprospect.co.uk/Europe's-gas-glut!.html
‘Gas-Opec’: alarm bells for
The recent gas dispute between Russia and the Ukraine
has less to do with being a European problem and more to do with being a domestic one,
between the member states of the Commonwealth of Independent States (CIS).
The European Union currently imports 44% of its natural
gas, with Russia, Norway and North Africa as its main suppliers. Europe is linked by natural gas
pipelines to gas fields in neighbouring non EU states, though some gas is transported by Liquid
Natural Gas tankers from the Middle East, West Africa and the Caribbean. http://www.oxfordprospect.co.uk/Nabucco.html
Real shortages will
appear in a few years when Gazprom has to fill two more pipelines (Nord and South Stream),
yet it is unable to develop new fields due to lack of current investment. http://www.oxfordprospect.co.uk/Caspian-Sea-Energy-Gap.html
China could take over as
Turkmenistan's leading customer. Since the start of 2009, China has started to import gas
through the first phase of the west-east pipeline network, which will link up with other gas
fields in the region, eventually supplying some 30bcm per year for 30 years. http://www.oxfordprospect.co.uk/Power-shift.html
has been suggested that gas from shale deposits will rival conventional sources in the US in a few
years, yet the emergence of shale gas as a significant force is still very new. So is it possible
that the story will be repeated in Europe?
Recent events in Libya and Bahrain have been of great concern to many foreign
investors, operators and governments concerned with the potential threat of disruption of gas
supplies. So far, for Europe, it is fortunate that gas imports from the Middle East and North
Africa (MENA) region have not been affected significantly.
Gas could run out by
2030? Though Coal Seam Gas
discoveries could be seen as the long term solution.
Production to Peak in 2012? http://www.oxfordprospect.co.uk/Indonesian-Gas-Production.html